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Adecco North America Revenue Rises

May 10 2011

Adecco SA, the world’s largest staffing company, reported today its first-quarter North American revenue rose 31 percent. Revenue in the quarter was €921.0 million (US$1.30 billion), up from €703.0 million.

However, on an organic basis, North American first-quarter revenue rose 17 percent. Organic growth excludes the impact of currencies as well as acquisitions, such as Adecco’s acquisition of the MPS Group Inc. in early 2010.

Industrial staffing first-quarter revenue in North America rose by 22 percent, on a constant currency basis (excluding the impact of currency). Office staffing revenue rose 23 percent in constant currency in North America.

Also, first-quarter North American revenue rose (on an organic basis) 2 percent in information technology, 23 percent in engineering and technical and by 8 percent in finance and legal. North American direct hire revenue rose 14 percent on an organic basis.

For more information or to read the press release from Adecco, click here.

Adecco SA
For the first quarter ended March 31, 2011, compared with the same period in 2010.
Revenue: €4.92 billion (US$6.93 billion), +24.1 percentNet income: €101.0 million (US142.4 million), +77.2 percent

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